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Calcutta Angels Network Founders Launch Neoleap Accelerator In Kolkata

Calcutta Angels Network Founders Launch Neoleap Accelerator In Kolkata

The founders of Calcutta Angels Network Raghav Kanoria, Kumar Patodia, and CD Mitra – a consultant at IIMC Innovation Park – have launched a new accelerator programme, Neoleap Accelerator in Kolkata.

According to a company statement, the four-month-long accelerator programme is the first privately structured accelerator in East India.

The advisory board consists of Joydeep Bose (ex Cisco India head, investments); Padmaja Ruparel (President IAN); Sanjaya Anandaram (co-founder Seed fund) and Dipankar Chaterji.

The funding comes from angels who have subscribed to the accelerator. The funding amount would typically be between $37K – $75K (INR 20-INR 50 Lacs) from Neoleap angels.

The accelerator has already selected three startups for its first batch. They will graduate in December 2016.

The startups from the first cohort are –

TeaRaja: Kolkata-based TeaRaja has tied up with more than 175 Tea Gardens in India and Nepal, from where it sources tea to be consumed by tea connoisseurs across the globe.

HealthBuds: Kolkata-based HealthBuds was founded in 2014. It provides 360-degree services, ranging From hospitals, specialists, concierge services, medical insurance, specialised treatments, etc.

MachineHire:  Raipur-based MachineHire is an online B2B marketplace for all types of heavy earth-moving construction machines where users can hire/rent/buy/sell machines hassle-free. Through its platform contractors/vendors can hire as well as rent their machines when idle by using real-time data of available machines or works.